Touring A Little-Known Affordable Landed Estate Near Bedok Reservoir (From $2.85m)

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TJ's interest in property was sparked after returning from the UK- where balconies are not counted in one's square footage!- and finding that the Singapore property had totally changed in the 7 years she was away. When not reading and watching articles & videos about property, she is busy cooking and baking for friends, family & her blog Greedygirlgourmet
One thing you may have noticed when visiting landed estates in Singapore is the penchant for redeveloping older houses and re-building them as high as possible – no surprise in land-scarce Singapore. Hence, when I saw that there was a little-known landed estate in Singapore that was zoned as 1.4 on the Masterplan (i.e., being able to build up to 5 stories), I thought it would be an interesting feature.


Let’s start our tour at Jalan Punai, then walk to Jalan Singa.






































We’ve reached the end of Jalan Singa, so let’s head back to look at the green spaces now.
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This brings us to the end of today’s tour. How did you find the area? Before we go, let’s look at the last transacted prices.


Most Singaporeans are leery about buying leasehold landed units due to the inability to renew the lease and the potential deterioration of the estate as the units reach the end of their tenancy. (If you’re interested in this topic, I cover more about the benefits and potential issues of leasehold houses here.)
However, given that there is the potential to redevelop the landed houses into boutique condos (this will need more looking into btw, as the zoning on the Masterplan is not the only factor that matters), as well as the fact that there appears to be more freehold than leasehold units here (the common assumption is that freehold landed estates are less likely to have the issues of estate degeneration that leasehold estates sometimes face at the end of their life), the leasehold houses here would be an interesting proposition for those who want a landed house, but are on a limited budget.
What do you think? Let me know in the comments if it’s something you would consider!
TJ
TJ's interest in property was sparked after returning from the UK- where balconies are not counted in one's square footage!- and finding that the Singapore property had totally changed in the 7 years she was away. When not reading and watching articles & videos about property, she is busy cooking and baking for friends, family & her blog GreedygirlgourmetRead next from Editor's Pick

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Would be interested if I knew exactly how many leasehold to freehold houses there are